Rabigh Resort

About

Rabigh Resort

This project focuses on the development requirements of Rabigh. This is currently a small coastal town which is planned to be a new industrial development center based on the $10 billion PetroRabigh project. The city requires a massive development of the housing stock and support services including; hotels, shopping malls, etc. to provide for the influx of new workers and families for this industrial development. This project is for the development of approximately 1.2 million m2 of prime coastal real estate ideally located for the development of the city for both its industrial needs and the emerging leisure real estate sector.

Key Features

In this proposal the site will be developed with the following key features:

  • Private residential compounds with a mix of villas and apartments for lease/ rental.
  • A high-quality holiday and residential apartments for sale and lease.
  • Coastal resort development with a marina for mixed sail and power boats and sports centre.
  • Marina leisure development with shops, restaurants, etc.
  • Shopping mall.
  • A hotel complex with conference centre and hotel managed apartments and villas for holiday and business visitors.

Development

This is an outline project master plan developed for Rabigh Real Estate Development Company. The master plan has been developed by our highly qualified joint architectural and marketing consultants for the project:

Azymuth Consulting, Riyadh 

 

Brainstorm, Kuwait 

 

SSH International, Kuwait 

 

The development was conducted on the following plan:

  • The project is receiving enquiries from limited exposure with initial requests from a number of companies planning industrial projects in the PetroRabigh industrial park.
  • The total potential for the PetroRabigh plus Conversion Industries Park is a requirement for up to 6,000 to 10,000 additional housing units with approximately 70% will be required for rent/lease.
  • High demand for the tourist/leisure sector and easy commute to King Abdullah Economic City.

Projects

  • Project site approximately 1.2 million m2 on a 25-year lease (with 1.25-year grace period). The lease is renewable for a further 12.5 years.

 

  • The plan is to develop housing units of various types:
    • 3- & 4-bedroom villas on 2 residential compounds
    • Studio and 3-bedroom apartments distributed across the development

 

  • Amenities & services:
    • 3- & 4-bedroom villas on 2 residential compounds
    • Studio and 3-bedroom apartments distributed across the development
    • Shopping center
    • Hotel
    • Conference center
    • Offices
    • Marina
    • Water sports facilities

 

  • All developments will be high quality to international standards.
  • The company is now finalizing the 1st phase development plan in order to bring this project to reality.
  • Project build time is approximately 36-48 months from commencement.

Gallery